Latest news with #goldinvestment
Zawya
11 hours ago
- Business
- Zawya
O Gold and Emirates Gold forge a strategic partnership to redefine precious metals access in the UAE
Dubai, UAE – O Gold, the UAE's first Emirati fractional gold and silver ownership app, has announced a landmark partnership with Emirates Gold, one of the region's most respected and long-established refineries. Through this collaboration, O Gold's rapidly expanding base of more than 75,000 active users will gain seamless access to an enhanced portfolio of certified gold products at competitive refinery‑direct rates, all delivered with the speed and convenience synonymous with the O Gold Wallet. This partnership marks a significant step forward in making precious metals investment more accessible and transparent for everyday investors in the UAE. By directly connecting O Gold's innovative fractional ownership platform with Emirates Gold's certified refinery products, users can confidently invest in physical gold with unprecedented ease and assurance. "Our partnership with Emirates Gold is a pivotal moment for O Gold and our users," said Bandar Alothman, Founder of O Gold. "We are committed to democratizing access to precious metals, and this collaboration with a highly respected refinery like Emirates Gold directly addresses that goal. Our users can now be assured of the authenticity, quality, and competitive pricing of their gold investments, all within the familiar and convenient O Gold app', he added. Emirates Gold, renowned for its rigorous quality control and commitment to global standards, expressed strong enthusiasm for the partnership. Abhijit Shah, CEO of Emirates Gold, remarked, 'We are proud to join forces with O Gold, a pioneering platform that is transforming how investors across the UAE access precious metals. This collaboration reflects our unwavering commitment to delivering secure, transparent, and world-class precious metals solutions. Together, we are setting a new benchmark for accessibility and trust, empowering a new generation of investors with direct access to certified, high-quality gold.' Emirates Gold, the UAE's most established gold and silver refinery with a legacy of excellence since 1992, and renowned for shaping the precious metals landscape of the Middle East for over 33 years, brings unparalleled industry expertise and trust to this strategic alliance. Through this partnership, O Gold users will gain privileged access to a broader range of high-quality, UAE Good Delivery certified gold and silver bars and coins at competitive rates directly sourced from the refinery and delivered securely to their doorsteps. By combining Emirates Gold's decades-long legacy with O Gold's innovative digital platform, this collaboration reinforces both brands' shared commitment to trust, transparency, and investor empowerment further solidifying O Gold's position as the region's preferred platform for real-asset ownership. About O Gold O Gold Precious Metals is the first Emirati app for fractional gold and silver ownership, enabling secure transactions starting from just 1 dirham. The platform offers seamless buying, selling, and leasing of precious metals, redefining gold investment with accessibility and security at its core. With a strong focus on trust and transparency, O Gold ensures high-quality gold and silver, securely delivered with full insurance. Competitive pricing makes gold ownership more attainable, while the leasing feature allows users to earn returns on their physical assets. More than just a retailer, O Gold serves as a trusted partner in financial security through precious metal investments. Backed by a dedicated customer service team, the platform provides a smooth and rewarding experience, adhering to the highest standards of quality and security.
CBS News
09-06-2025
- Business
- CBS News
How to maximize your gold investment this June, according to experts
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. There are strategic ways in which investors can maximize their gold investment this month. Getty Images We saw the price of gold climb steadily in early 2025, rising from around $2,600 at the beginning of the year to above $3,400 per ounce in April. But the precious metal has since pulled back to around $3,300 per ounce — pressured by shifting inflation expectations and reduced demand for safe-haven assets. These fluctuations are a wake-up call for investors. With monetary policy uncertainty and geopolitical tensions creating ongoing volatility, the traditional playbook for gold investing may need updating. Below, investing professionals share tips to help you maximize your gold investment this month — whether you're holding physical gold, exchange-traded funds (ETFs), mining stocks or other gold assets. Invest in gold here before the price rises again. How to maximize your gold investment this June, according to experts Henry Yoshida, CEO and co-founder of Rocket Dollar, a fintech platform helping investors tap alternative assets as a vehicle for retirement, sees the $3,300 to $3,400 price range as critical when evaluating gold's next move. "[This] represents a solid holding area where gold can develop a base for continued upward movement," he says. A dip to $3,300 that then holds steady could signal a buying opportunity for long-term holders. In contrast, a break above $3,400 might call for waiting until the next pullback. With this in mind, experts recommend the following strategies to make the most of your gold investment this June: Monitor the Federal Reserve's June 18 meeting "I'm watching the June Fed meeting very closely," says Brandon Aversano, CEO of The Alloy Market. "If rates are cut sooner than expected, we could see a jump in gold prices. I would also look at the mid-June Consumer Price Index (CPI) and Producer Price Index (PPI) releases. Any increase in inflation would likely trigger an uptick in gold prices." What the Fed says can be as important as what they actually do with rates. "Pay close attention to Federal Reserve communications regarding the pace of interest rate cuts," Yoshida emphasizes. "If the Fed signals they may lower rates more slowly than Wall Street currently expects, this typically serves as a bullish indicator for continued gold price appreciation." Learn more about gold's current price trajectory here. Think long-term (and invest accordingly) Gold's recent volatility might tempt you to chase short-term gains. But experts warn against this approach. "Although gold has had some incredible rallies in the past, it's not generally profitable for the average person to invest in gold in short timeframes like one month," cautions Brett Elliott, director of marketing at American Precious Metals Exchange (APMEX). The key is managing expectations while staying focused on gold's role in your portfolio. While many analysts expect gold to reach $3,700 this year, the timing and catalysts for such moves remain uncertain. This reinforces why patient, long-term holders usually do better than those trying to time the market's ups and downs. Buy gold jewelry "Right now, peer-to-peer sellers are highly motivated to move their gold jewelry for liquidity," highlights Aversano. "You can often find gold pieces that are worth slightly less than their melt value on eBay or other platforms. If you can find these pieces, [they're] great to [buy] and hold onto for future liquidation when gold has appreciated." Aversano suggests checking estate sales, jewelry stores, antique stores and online peer-to-peer networks. This strategy requires more effort than buying traditional gold products. However, it can offer better value if you understand gold content and current market prices. Consider dollar cost averaging and rebalancing Some gold holders may benefit from a dollar cost averaging approach this month. "Instead of making one large purchase, spread smaller purchases over time," advises Monetary Metals's head of content, Ben Nadelstein. "This can reduce exposure to short-term price swings while maintaining a consistent long gold strategy." Since gold serves as a long-term portfolio asset, Nadelstein notes that temporary price pullbacks often don't require immediate attention. "If gold is still serving its intended purpose [in your portfolio], minor fluctuations are usually not a concern," he explains. "[But] if [you] feel overweight or underweight, [you] might choose to reduce or add exposure gradually rather than reacting to short-term movements." The bottom line This June presents unique challenges and opportunities for gold investing, with Fed actions and market volatility creating risks and rewards. The tips outlined above can help you make informed decisions. But before adjusting your June investment strategies, it may help to discuss your options with a financial advisor well-versed in precious metals investing. They can help you decide which approaches align with your financial goals.
Zawya
30-05-2025
- Business
- Zawya
NUQI Group secures strategic investment from landmark Group Director Raza Beig to drive expansion
Dubai, UAE: NUQI Group has started 2025 on a high note, securing a strategic investment from Landmark Group Director, Raza Beig. The funding marks a significant milestone for the company as it accelerates growth, expands its offerings, and strengthens its position in the financial services and investment sector. With this investment, NUQI Group is set to scale its operations, forge new partnerships, and enhance its technology-driven solutions, further solidifying its role as an innovative player in the investment landscape. 'Investing in the Nuqi Group aligns with my vision of making wealth-building opportunities more accessible. The financial landscape is evolving, and Nuqi Gold is leading the way in bridging traditional investment security with modern digital convenience. I look forward to seeing how this partnership empowers individuals to invest in gold seamlessly and securely.' said Raza Beig, Director of Landmark Group. NUQI Gold: A Game-Changer in Gold Investment One of NUQI Group's key offerings is NUQI Gold, a digital-first platform that allows users to own real 24K physical gold starting from just 0.5grams. Designed for modern investors, NUQI Gold makes buying, storing, and redeeming gold seamless, secure, and accessible. Key Features of NUQI Gold: Own 24K Physical Gold – Start investing from as little as 0.5 grams, making gold ownership accessible to everyone. Secure & Insured Storage – Your gold is stored in vaulted, insured facilities, ensuring top-tier security. Ethical Investment for a responsible and sustainable financial future. Jewellery Redemption – Redeem digital gold for gold coins or jewellery at partnered jewellers, including Kalyan Jewellers for a seamless experience. Real-Time Pricing & Liquidity – Transparent pricing with no transaction fees, ensuring full control over your investment. Customizable Savings Plans & Gifting Options – Set up daily, weekly, or monthly gold investments to build long-term wealth. Easily gift gold to loved ones for special occasions. Strategic Growth & Future Plans Following this investment, NUQI Group is set to: Expand NUQI Gold's retail partnerships, making gold redemption easier for users. Enhance digital accessibility to provide frictionless, tech-driven investment experiences. Educate and empower investors, particularly first-time gold buyers, through financial literacy initiatives. The Future of Wealth Investment is Here NUQI Group is committed to reshaping how individuals invest, save, and grow their wealth. With this strategic backing from Raza Beig, the company is set to scale its impact and innovation across the financial sector.
Khaleej Times
29-05-2025
- Business
- Khaleej Times
Gold prices in UAE: Is Dh400 per gram the new normal?
For UAE residents considering gold for long-term investment or savings, now may be the right time to act. According to analysts and industry insiders, the precious metal is expected to remain above Dh400 per gram in the medium to long term. This marks a significant shift in market dynamics. In April, 24-carat gold crossed the Dh400-per-gram threshold for the first time in Dubai. This surge was driven by a mix of global uncertainties, including former US President Donald Trump's tariff policies, geopolitical tensions, falling interest rates, and strong demand from central banks. As of Wednesday evening, 24-carat gold was trading at Dh400.25 per gram, while 22-carat gold was priced at Dh370.75. On the global stage, spot gold hovered around $3,306 per ounce, a modest increase of 0.13 per cent. 'Volatility is likely to persist in the short term, primarily influenced by the pace and outcomes of ongoing trade negotiations,' said Vijay Valecha, Chief Investment Officer at Century Financial. 'Any major development — be it a breakthrough deal or new tariffs — could trigger sharp market reactions.' Valecha noted that although short-term fluctuations are expected, gold prices are likely to remain above Dh400 per gram over the long term. 'Trump's unpredictable tariff strategies have contributed to global trade uncertainty, increasing demand for safe-haven assets like gold. Recently, he threatened a 25 per cent tariff on all iPhones manufactured outside the US and a 50 per cent levy on EU goods — though these were temporarily postponed as trade negotiations continue.' Even if new trade agreements are reached and tariffs are lowered, Valecha believes gold will maintain its appeal due to broader economic concerns. He forecasts that gold could rise to $3,700 by the end of the year and potentially reach $4,000 by mid-2026, up from the current $3,335 per ounce. 'America's widening trade deficit, the sharp increase in the US debt-to-GDP ratio from 35 per cent in 2007 to an expected 100 per cent by 2025, and the fiscal impact of Trump's tax cuts have all contributed to a global flight to safety,' he added. 'These factors strengthen gold's position as both a portfolio diversifier and stabiliser.' Valecha cautioned that while significant trade deals could cause a temporary dip in gold prices, the broader macroeconomic fundamentals support a continued rally. Aditya Singh, Head of International Jewellery Business at Titan Company, echoed these sentiments. 'Although today's elevated gold prices may seem unusual, they align with historical trends where prices rise during periods of economic uncertainty,' he said. He advised retail buyers not to panic but to monitor key global indicators such as interest rates, inflation, geopolitical tensions, and central bank reserves. 'Small, consistent purchases tend to yield strong returns over time. We encourage customers to view gold as a blend of emotional and financial value — whether for weddings, milestones, or as a store of wealth, informed decision-making is essential.' Ramesh Kalyanaraman, Executive Director at Kalyan Jewellers, emphasised the enduring value of jewellery as a long-term asset. 'While natural price fluctuations will occur, steady demand in culturally rich markets like the UAE reassures us that gold will continue to be a preferred choice,' he said.
CBS News
21-05-2025
- Business
- CBS News
Investing in gold bars and coins now? Here are 3 tips beginners should know now.
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Gold coins and bars could be a worthwhile investment, even for beginners, in today's economic climate. Getty Images While inflation may be much cooler than it was in recent years, the damage from the latest cycle is already complete, and savvy investors who didn't have their portfolios properly secured have likely learned their lesson. In inflationary periods and after such times, it's generally smart to have a reliable hedge and portfolio diversification tool available. For many, gold has provided exactly those functions. And with a variety of types to choose from, it's relatively easy to get invested in. Gold bars and coins, specifically, are seemingly ubiquitous right now, whether seen on a television commercial or highlighted by investors as a safe bet in an otherwise tumultuous financial landscape. If you're new to gold investing, however, it helps to know a few tips before you start buying gold bars and coins, specifically. Since gold doesn't operate in the same manner that other assets do, the difference between having this knowledge and not could be costly. To that end, below we'll break down three timely tips beginners should know now, before investing in gold bars and coins specifically. Explore your top gold investing options here. 3 tips beginners should know about investing in gold bars and coins now Ready to add gold bars and coins to your portfolio (or home safe)? Here are three tips beginners should familiarize themselves with now: There are new ways to invest now The days of calling a telephone number advertised at the bottom of a TV commercial are long over. Gold bars and coins are easier to buy than arguably ever before. Not only can you visit your local jewelry store or pawn shop to get started, but you can also do so from the comfort of your home by exploring multiple gold investment companies online. And, in recent years, even big box retailers have gotten involved in the gold investing landscape. Walmart and Costco both offer gold bars and coins to shoppers, which they can inspect in the store or add to their online shopping cart right now. Beginners should understand all of the ways to invest in gold bars and coins, then, before completing a transaction. By reviewing all of their options, they can improve their chances of investing in gold in the right amount at an affordable price. Start reviewing your gold bars and coins options now. You don't have to pay today's top price Not accounting for some recent declines, gold's price is high right now. Recently having surpassed the $3,400 price record, gold prices have been on the rise for much of the last 18 months, specifically, seemingly putting the precious metal out of reach for many. But you don't necessarily have to pay today's top price to get invested in gold bars and coins. Fractional gold, for example, offers beginners all of the same safeguards a regular gold investment provides for a fraction of the cost. By investing in gold in amounts less than an ounce, for instance, beginners can get started at a lower price point and then build up their investment total over time. Just understand that a rising price will cause fractional gold prices to increase, too, so if you know you need the protection gold bars and coins provide, it can be beneficial to get started sooner rather than later. The price is likely to rise again Sure, gold's price is currently "lower" than what it was. But $3,302.23 per ounce isn't exactly cheap, either. As mentioned above, gold prices only increase over time, accounting for minor declines and fluctuations. So, waiting for the perfect gold bar or coin to appear isn't the right approach. Any number of factors – from inflation to interest rates to geopolitical tensions abroad and domestic policies at home – could cause gold's price to spike again, potentially permanently making it unavailable for your portfolio. So, don't let your research and exploration overwhelm the realities of the market. If you want to buy gold bars and coins now, then consider being aggressive as the price is likely to rise again, perhaps earlier than expected. The bottom line Investing in gold bars and coins can be a prudent decision for investors of all ages and experiences. For beginners, in particular, with broader investment horizons, it can be particularly advantageous to get started now. With this type of gold being broadly available, even at a reduced price, many may want to get started soon. Considering that the factors that caused gold's price to spike are still largely prevalent, the price could rise again, underlining the urgency of evaluating – and committing to – gold bars and coins promptly. Just be sure to keep them as a small but healthy portion of a diversified portfolio (experts recommend capping gold to 10% or less of your portfolio) to better ensure long-term investing success.
